$VGGL
Press Release: Viggle Reports 43% Year-Over-Year -2-
4 minutes ago - DJNF
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Selling, general and

administrative expenses

as reported (25,999) (17,569) (48,770) (42,906)

Adjustment to selling,

general and

administrative

expenses 99 (120) 141 (212)

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Adjusted selling,

general and

administrative

expenses $(25,900) $(17,689) $(48,629) $(43,118)

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Reconciliation of

operating loss to

Adjusted EBITDA

(amounts in thousands)

Quarter Quarter 6 Months 6 Months

Ended Ended Ended Ended

December December December December

31, 2014 31, 2013 31, 2014 31, 2013

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Revenue $ 7,185 $ 5,032 $ 13,660 $ 9,371

Operating loss as

reported $(21,841) $(12,619) $(39,300) $(36,192)

Add:

Stock compensation costs 10,858 7,638 18,421 23,434

Adjustment to cost of

watchpoints and

engagement points 1,575 (1,102) 1,842 (108)

Adjustment to Selling,

general and

administrative

expenses 976 (120) 1,018 (212)

Depreciation and

amortization costs 1,484 994 3,283 2,064

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Adjusted EBITDA * $ (6,948) $ (5,209) $(14,736) $(11,014)

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* Adjusted EBITA is a

non-GAAP measure, but

shown above it

represents operating

loss plus depreciation

and amortization, stock

based compensation,

interest (expense)

income, net, certain

one-time selling,

general and

administrative costs,

and adjustment to

rewards costs

CONTACT: Investor Relations

Viggle Inc.

John C. Small, 646-738-3220

CFO

john@viggle.com

or

IRTH Communications

Robert Haag, 1-866-976-4784

Managing Partner

VGGL@irthcommunications.com

or

Media Relations:

Dian Griesel International

Laura Radocaj, 212-825-3210

lradocaj@dgicomm.com

(END) Dow Jones Newswires

February 04, 2015 08:00 ET (13:00 GMT)